HERMIN Spain

HERMIN Spain

This paper describes the main features of HERMIN Spain, a macroecometric model of the Spanish economy. The basic philosophy underlying the design of HERMIN Spain is twofold. On the one hand, we try to construct a fairly simple and flexible core model of our economy, which could, nevertheless, replic...

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Bibliographic Details
Published in:Economic modelling Vol. 12; no. 3; pp. 295 - 311
Main Authors: Herce, José-Antonio, Sosvilla-Rivero, Simón
Format: Journal Article
Language:English
Published: London Elsevier B.V 01-07-1995
Elsevier
Butterworths
Elsevier Science Ltd
Series:Economic Modelling
Subjects:
Community support
Econometrics
Economic models
Macroeconomics
Studies
Spain
Online Access:Get full text
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Description
Summary:This paper describes the main features of HERMIN Spain, a macroecometric model of the Spanish economy. The basic philosophy underlying the design of HERMIN Spain is twofold. On the one hand, we try to construct a fairly simple and flexible core model of our economy, which could, nevertheless, replicate its main relationships. on the other hand, it requires strict comparability with other similar models built for Greece, Ireland and Portugal, in order to use them in a joint research project to assess the effects of the Community Support Frameworks on growth in the European periphery.
ISSN:0264-9993
1873-6122
DOI:10.1016/0264-9993(95)00010-G